The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1887-08-25
The Cotton Movement.

:, Inc Now York Financial Chronicle, in
It's review of the movement of the cotton
crop for the week ending on the nipbi
OF August II, says that the total receipts
nave reached 1870 bales, against /, ,i9c
bales last week, 1851 bales the pre-
vlous week, and 1926 bales three weeks
since; making the total receipts since
the lst September, 1886, 5, 5,2l3, 448 bales
against 5,3l4,557 bales for the same
period OF 1856, showing q decrease since
September l, 1886, of 101, 100 bales.
me exports for the week reach total
OF IL, 52l bales, of which IL, ,O55 were to
Great Britain, Al to France, and 1,42E
to the rest Of tho continent.
The total visible supply of cotton, as
made up by cable and telegraph, for the
week was as follows:
Total Of Great Britain stock GGO. .OOO
Dales, total of continental stocks 344.
ILLUMINATING total of European stocks
OF l,OO4, LOO bales. The total visible
supply for the world is 1874, 400 bales:
OF thls number 72S,390 are American
and GIG, 100 East Indian, etc.
Inc imports into continental ports
10, lor the week have been $4,000 bales.
These figures indicate an increase in
the cotton IN sight of 81, ,102 bales as
compared with the same date of 1886,
an increase Of 14,67 bales as compared
with the corresponding date of 1885.
Ihe receipts at interior towns for the
week were 1,279 bales. Old interior
STOCKS We're decreased 1,76S bales, and
were 33,254 bales less than at the same
period last year.
!he recel pts from the plantations,
neln8 the actual movement, not including
the overland receipts nor Southern con-
sumption, OF cotton that reached the
market through the outports for the
past week were 3, l25 bales. The total
receipts since lst September, 1886, were
., o,lo9,335 bales. The'actual movement
from the plantations was only 500
bales, the balance being taken from the
stocks at the interior towns.
Southern spinners' tal1ings to lst An
gust have been 39l 200 bales as against
3OS, 600 bales at the same time last wear.
The Chronicle says, in reviewing the
speculation in futures during the week.
'Ihe speculation in cotton for future
delivery at this market has been some-
what inactive for the week uudor review.
and the principal feature in the decline
Ill options Tor this month. No very i'm
portant influences have been at work.
crop accounts have improved, owing to
the fall of needed rain over u considor-
able portion of Texas, and partial
clearing up in Georgia and the Carroll
mas, where tho downfall had been cxccs-
slVc. Liverpool reports have reflected
very unsettled market there. The
bureau report, made public on Wednes-
day, was rather better than was generally
expected. On Saturday the next CROP
ruled slightly dearcr, but the improve
ment was lost on Monday. In the
course Of Tuesday and Wednesday there
was decline Of 30 points in August
options, while the next crop gave way
only 5 to 7 points. There woro unac-
countably full receipts of old cotton at
New Orleans, which had an unfavorablo
elect upon values for prompt delivery.
On Ihursday M early decline, under
weak Liverpool advices, was fully rccoy-
cred on demand to cover contracts,
To-day an early decline was followed by
variable unsettled values. Cotton on
the spot, under frccr offerings and de-
Ginning prices, has been fairly active.
both Tor export and home consumption,
Quotations were reduced 1-16c. on Mon
day and &c. on Wednesday. Friday, at
further decline of Lice, there was a
very large business for export, and home
splnnerS bought fairly"